Structure-preserving desynchronization of minority games

Details Structure-preserving desynchronization of minority games Structure-preserving desynchronization of minority games

2009-01-14

arxiv.org/abs/0901.2078v2

Physics

Physics and Society

6 pages, 7 figures. New version removed a section and found a new phase transition

Scientific paper

Perfect synchronicity in $N$-player games is a useful theoretical dream, but communication delays are inevitable and may result in asynchronous interactions. Some systems such as financial markets are asynchronous by design, and yet most theoretical models assume perfectly synchronized actions. We propose a general method to transform standard models of adaptive agents into asynchronous systems while preserving their global structure under some conditions. Using the Minority Game as an example, we find that the phase and fluctuations structure of the standard game subsists even in maximally asynchronous deterministic case, but that it disappears if too much stochasticity is added to the temporal structure of interaction. Allowing for heterogeneous communication speeds and activity patterns gives rise to a new information ecology that we study in details.

Affiliated with

Also associated with

No associations

Rating

Structure-preserving desynchronization of minority games does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with Structure-preserving desynchronization of minority games, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Structure-preserving desynchronization of minority games will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-376135